How is Tech Disrupting the Travel Industry?

From new booking engines to events/activities to person-to-person platforms like Airbnb, there is innovation all over in travel. And no one is safe. Join us for a research briefing to see the startups disrupting the industry.

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Annual exit trends

Looking at the annual trend, travel tech exits have risen since 2011, with the top year for exits being 2013, with 16 exits.

Travel tech exits in the 2010 to 2015 period leaned toward the US market, which accounted for 54% of all exit activity.

The period’s exits have been dominated by M&A deals, while IPOs account for just 14% of exits. Despite this, the last two years have seen 4 IPOs through 2015, which is the same amount of IPOs of the last 3 years combined.

Most Well-funded Companies Before Exit

Based on disclosed funding, HomeAway was the most well-funded venture-backed travel tech exit to date. Rounding out the top 3 spots are travel search engine Kayak Software and ticket booking site Lvmama, also mentioned above.

Largest exits

Based on disclosed valuations, below are the top 5 travel tech exits since 2011. 4 out of 5 companies exited for over $1B+ with HomeAway leading the way with their $2.1B exit in June 2011. China-based Qunar made the number two spot with Germany-based Trivago rounding out the top 3 spot.